I was really glad to find this powerful subhead in a BusinessWeek article this morning in an article titled “Humility and the Successful Startup:”
Every skill required to form a business should be judged on make-or-buy grounds. If you don’t have it, outsource it.
Being part of many startups’ early days—either as a service provider, employee or founder—it’s clear to me that many of the times I’ve failed to generate the results I’ve expected, it has been because I was doing things that I either didn’t like or was not good at. This is not a good use of anyone’s time, especially a founder or high level employee.
The bootstrap mindset is all about efficiency, not just thriftiness. As entreprenuers, we should remember that doing things ourselves, when they could be done by an expert or specialist at a profitable cost, is actually just waste.
If you are spending hours trying to market your website without a plan outlined by someone with experience and expertise in this area, you’re likely wasting your time. Next time you are spending hours researching ad management or search engine optimization, ask yourself if you would get more value for your time if you were instead concentrating on sales, customer service or product development.
If the answer is yes, then outsource it.